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 57.23 to 68.2 . . 60.84 (67.09%)
Intermediate 58.225 to 68.2 . . 60.84 (73.78%)
Short 68.2 to 62.62 . 65.12 (44.80%) .