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 55.83 to 16.75 . . 49.43 (83.62%)
Intermediate 47.26 to 32.79 . . 49.43 (115.00%)
Short 32.79 to 40.36 . . 34.12 (82.43%)