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 63.8 to 51.965 . . 61.97 (84.54%)
Intermediate 51.965 to 61.97 59.81 (21.59%) . .
Short 53.51 to 61.97 59.81 (25.53%) . .