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 56.35 to 63.09 . 59.25 (56.97%) .
Intermediate 58.85 to 63.09 . . 59.25 (90.57%)
Short 59.25 to 62.64 61.29 (39.82%) . .