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 88.89 to 45.57 54.39 (20.36%) . .
Intermediate 66.03 to 45.57 . 54.39 (43.11%) .
Short 59.75 to 45.57 . . 54.39 (62.20%)