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 75.15 to 38.06 . 53.025 (40.35%) .
Intermediate 54.26 to 38.06 . . 53.025 (92.38%)
Short 43.6 to 53.44 . . 47.06 (64.84%)