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 80.6 to 62.31 . . 73.55 (61.45%)
Intermediate 73.7 to 65.97 . . 71.12 (66.62%)
Short 65.97 to 71.12 . 68.65 (47.96%) .