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 58.9842 to 71.0513 70.0579 (8.23%) . .
Intermediate 64.85 to 71.0513 70.0579 (16.02%) . .
Short 70.0579 to 83.18 . 76.6095 (50.07%) .