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 64.325 to 37.34 47.28 (36.84%) . .
Intermediate 53.3 to 37.34 . . 47.28 (62.28%)
Short 39.95 to 46.96 44.98 (28.25%) . .