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 60.32 to 38.61 . . 57.07 (85.03%)
Intermediate 60 to 38.61 . . 57.07 (86.30%)
Short 38.61 to 53.51 52.49 (6.85%) . .