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 77.67 to 50.61 60.01 (34.74%) . .
Intermediate 50.61 to 60.02 . . 53.29 (71.52%)
Short 60.02 to 53.29 . . 59.66 (94.65%)