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 55.06 to 37.61 . . 59.79 (127.11%)
Intermediate 40.8637 to 52.29 50.793 (13.10%) . .
Short 51.39 to . . 59.855 (116.47%)