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 35.21 to 72 . . 44.75 (74.07%)
Intermediate 69.1155 to 48.47 . 57.89 (45.63%) .
Short 60 to 44.25 . . 57.89 (86.60%)