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 88.88 to 42.92 59.83 (36.79%) . .
Intermediate 76.23 to 42.92 . 59.83 (50.77%) .
Short 63.73 to 42.92 . . 59.83 (81.26%)