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 70.38 to 49.58 . 60.745 (53.68%) .
Intermediate 49.58 to 60.745 . 54.82 (53.07%) .
Short 51.91 to 60.745 . . 54.82 (67.06%)