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 50.33 to 22.875 . . 51.99 (106.05%)
Intermediate 40.5 to 34.735 . . 51.99 (299.31%)
Short 34.735 to 49.04 46.1 (20.55%) . .