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 60 to 44.02 . 53.59 (59.89%) .
Intermediate 56.45 to 44.02 . . 53.59 (76.99%)
Short 44.02 to 53.59 . . 47 (68.86%)