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 64.21 to 52.44 . . 62.06 (81.73%)
Intermediate 52.44 to 62.06 . . 54.26 (81.08%)
Short 62.06 to 56.37 57.56 (20.91%) . .