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 74.93 to 44.92 54.2 (30.92%) . .
Intermediate 72.5 to 44.92 54.2 (33.65%) . .
Short 62.01 to 44.92 . 54.2 (54.30%) .