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 88.62 to 49.76 59.92 (26.15%) . .
Intermediate 51.34 to 60.49 . . 52.5 (87.32%)
Short 60.49 to 51.88 . . 58.73 (79.56%)