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 42.1 to 65 . 54.84 (44.37%) .
Intermediate 52.06 to 65 . . 54.84 (78.52%)
Short 65 to 56.22 57.79 (17.88%) . .