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 57.3 to 67.8529 . . 60.448 (70.17%)
Intermediate 67.8529 to 62.03 . . 65.99 (68.01%)
Short 66.76 to 62.03 . . 65.99 (83.72%)