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 to 75.76 59.61 (21.32%) . .
Intermediate 48.81 to 75.76 . 59.61 (59.93%) .
Short 75.76 to 59.61 . . 81.65 (136.47%)