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 66.14 to 89.53 85.7 (16.37%) . .
Intermediate 82.75 to 89.53 . 85.7 (56.49%) .
Short 89.53 to 85.7 . 87.77 (54.05%) .