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 to 66.15 46.93 (29.06%) . .
Intermediate 66.15 to 46.93 51.68 (24.71%) . .
Short 46.93 to 51.68 . 49.5 (45.89%) .