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 112 to 49 71.64 (35.94%) . .
Intermediate 88.68 to 49 . 71.64 (57.06%) .
Short 49 to 71.64 69.62 (8.92%) . .