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 71.79 to 49.91 56.85 (31.72%) . .
Intermediate 65.53 to 49.91 . 56.85 (44.43%) .
Short 57.58 to 49.91 . . 56.85 (90.48%)