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 100.38 to 48.01 66.24 (34.81%) . .
Intermediate 80.22 to 48.01 . 66.24 (56.60%) .
Short 66.82 to 48.01 . . 66.24 (96.92%)