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 35.03 to 56.4 . . 40.42 (74.78%)
Intermediate 56.4 to 39.69 . 49.49 (58.65%) .
Short 48.37 to 39.69 . . 49.49 (112.90%)