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 35.86 to 52.4 48.32 (24.67%) . .
Intermediate 43.29 to 52.4 . 48.32 (44.79%) .
Short 52.4 to 50.39 . . 51.8 (70.15%)