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 65.25 to 38.25 . . 60.31 (81.70%)
Intermediate 41.11 to 56.72 54.68 (13.07%) . .
Short 50.31 to 56.72 54.68 (31.83%) . .