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 83.78 to 70.21 75.08 (35.89%) . .
Intermediate 81.05 to 70.21 . 75.08 (44.93%) .
Short 70.21 to 75.57 . . 69.18 (119.22%)