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 62.46 to 80.18 73.27 (39.00%) . .
Intermediate 69.02 to 80.18 . . 73.27 (61.92%)
Short 80.18 to 72.61 . . 77.5761 (65.60%)