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 60.55 to 87.83 80.25 (27.79%) . .
Intermediate 73.93 to 87.83 . 80.25 (54.53%) .
Short 87.83 to 79.7 . . 86.43 (82.78%)