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 56.66 to 66.53 . . 58.79 (78.42%)
Intermediate 66.53 to 58.21 . 61.81 (43.27%) .
Short 65.1 to 58.21 . 61.81 (52.25%) .