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 79.3789 to 58.93 . . 76.17 (84.31%)
Intermediate 71.15 to 76.17 . 73.21 (58.96%) .
Short 72.95 to 76.17 . . 73.21 (91.93%)