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 53.35 to 69.36 63.05 (39.41%) . .
Intermediate 54.51 to 69.36 . 63.05 (42.49%) .
Short 62.26 to 72.95 . . 66.3 (62.21%)