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 44.55 to 62.2 . . 47.36 (84.08%)
Intermediate 62.2 to 49.55 54.2 (36.76%) . .
Short 56 to 49.55 . . 54.2 (72.09%)