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 108.25 to 50.52 . . 90.14 (68.63%)
Intermediate 63.05 to 77.19 . 70.33 (48.51%) .
Short 77.19 to 70.33 . . 90.14 (288.78%)