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 71.9 to 52.24 . . 68.41 (82.25%)
Intermediate 53.22 to 68.7 . 59.45 (59.75%) .
Short 68.7 to 61.31 62.98 (22.60%) . .