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 88.6 to 51.23 . 71.15 (53.30%) .
Intermediate 56.73 to 71.7 . 65.1 (44.09%) .
Short 64.19 to 70.65 . . 66.1 (70.43%)