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 28 to 63.62 59.41 (11.82%) . .
Intermediate 45.5 to 63.62 59.41 (23.23%) . .
Short 58.25 to 63.62 . . 59.41 (78.40%)