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 80 to 59.73 . . 79.02 (95.17%)
Intermediate 63.74 to 76.08 73.01 (24.88%) . .
Short 75.91 to 72.01 . . 79.02 (179.74%)