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 39.51 to 54.15 51.35 (19.13%) . .
Intermediate 54.15 to 51.35 . . 69.09 (633.57%)
Short 65.43 to . . 69.15 (105.69%)