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 53.6 to 114.68 . . 62.24 (85.85%)
Intermediate 62.06 to 80.45 . . 69.01 (62.21%)
Short 80.45 to 69.01 . . 76.77 (67.83%)