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 54.87 to 62.73 60.94 (22.77%) . .
Intermediate 62.73 to 60.72 . . 62.64 (95.52%)
Short 62.16 to 60.99 . . 62.64 (141.03%)