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 61.72 to 48.76 . . 62.18 (103.55%)
Intermediate 51.51 to 60.79 59.94 (9.16%) . .
Short 58.018284 to 60.79 59.94 (30.67%) . .