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 60.83 to 89.25 . . 70.74 (65.13%)
Intermediate 76.99 to 89.25 . . 70.74 (150.98%)
Short 89.25 to 70.74 72.1 (7.35%) . .