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 46.16 to 59.65 55.01 (34.40%) . .
Intermediate 51.17 to 59.65 . 55.01 (54.72%) .
Short 55.01 to 60.91 60.02 (15.08%) . .