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 61.65 to 42.79 . . 57.72 (79.16%)
Intermediate 57.72 to 47.34 . . 57.64 (99.23%)
Short 48.69 to 54.45 . . 49.72 (82.12%)