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 62 to 80.95 75.89 (26.70%) . .
Intermediate 80.95 to 75.89 . . 78.98 (61.07%)
Short 80.55 to 75.89 . . 78.98 (66.31%)