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 66.08 to 87.27 80.51 (31.90%) . .
Intermediate 87.27 to 80.51 . . 86.6 (90.09%)
Short 86.6 to 81.71 82.15 (9.00%) . .