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 42.54 to 54.97 . . 46.11 (71.28%)
Intermediate 54.97 to 44.63 . . 53.96 (90.23%)
Short 54.62 to 44.63 . . 53.96 (93.39%)