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 79.815 to 50.77 . 66.87 (55.43%) .
Intermediate 64 to 50.77 . . 66.87 (121.69%)
Short 50.77 to 61.78 59.99 (16.26%) . .