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 111.14 to 50.67 60.47 (16.21%) . .
Intermediate 83.67 to 50.67 60.47 (29.70%) . .
Short 74.16 to 50.67 . 60.47 (41.72%) .