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 62.24 to 42.02 . . 59.68 (87.34%)
Intermediate 52.87 to 60 . . 53.99 (84.29%)
Short 60 to 53.99 55.68 (28.12%) . .