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 57.02 to 33.67 . . 52.82 (82.01%)
Intermediate 34.78 to 47.9 43.85 (30.87%) . .
Short 47.9 to 43.28 . . 52.82 (206.49%)