Fibonacci Analysis: Fibonacci analysis evaluates the short term (30 days) intermediate term (60 days) and long term trends (120 days) and retracements. Stocks that retrace 38.2% or less of a trend will usually continue the trend. Retracements exceeding 61.8% indicate a reversal. Alerts will include ABC's up/down (multiple 38% retracements) and various reversal signals.
Time FrameTrend38.2%50%61.8%
Long 55.21 to 63.18 . 59.98 (40.15%) .
Intermediate 63.18 to 59.81 . . 62.98 (94.07%)
Short 59.98 to 63.12 62.05 (34.08%) . .