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 40.22 to 72.29 63.25 (28.19%) . .
Intermediate 57.56 to 72.29 . . 63.25 (61.37%)
Short 64.67 to 72.29 . . 63.25 (118.64%)