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 90.6 to 67.33 71.25 (16.85%) . .
Intermediate 81.36 to 67.33 71.25 (27.94%) . .
Short 74.65 to 67.33 . 71.25 (53.55%) .