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 71.7 to 54.73 . . 68.93 (83.68%)
Intermediate 65.42 to 60.17 . . 68.93 (166.86%)
Short 63.61 to 60.17 . . 68.93 (254.65%)