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 88.5 to 40.82 58.86 (37.84%) . .
Intermediate 65.09 to 40.82 . . 58.86 (74.33%)
Short 53.39 to 40.82 . . 58.86 (143.52%)