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 139.01 to 71.12 84.64 (19.91%) . .
Intermediate 87.61 to 71.12 . . 84.64 (81.99%)
Short 86.25 to 71.12 . . 84.64 (89.36%)