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 110 to 50 67.93 (29.88%) . .
Intermediate 71.55 to 50 . . 67.93 (83.20%)
Short 50 to 67.93 64.67 (18.18%) . .