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 64.98 to 34.67 . 51.68 (56.12%) .
Intermediate 50.96 to 34.67 . . 51.68 (104.42%)
Short 34.67 to 45.39 41.96 (32.00%) . .