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 59.73 to 45.03 . . 62.734 (120.44%)
Intermediate 45.03 to 58.93 57.6697 (9.07%) . .
Short 59.2809 to 62.75 61.9722 (22.42%) . .