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 50.2916 to 61.645 . . 51.8483 (86.29%)
Intermediate 54.6 to 61.645 . . 51.8483 (139.06%)
Short 59.26 to . . 52.42 (88.46%)