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 68.97 to 56.02 . 62.7802 (52.20%) .
Intermediate 67.5264 to 56.02 . 62.7802 (58.75%) .
Short 57.32 to 63.1 . . 58.4627 (80.23%)