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 38.2 to 51.6 . 44.09 (56.04%) .
Intermediate 39.57 to 51.6 . . 44.09 (62.43%)
Short 51.21 to 43.41 . . 58.22 (189.87%)