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 68.17 to 49.91 55.91 (32.86%) . .
Intermediate 61.19 to 49.91 . 55.91 (53.19%) .
Short 49.91 to 55.98 . . 51.26 (77.76%)