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 56.71 to 43.01 . . 65.7 (165.62%)
Intermediate 48.16 to 56.06 . 52.35 (46.96%) .
Short 54.93 to 58.84 . 57.02 (46.55%) .