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 63.3 to 81.21 80.02 (6.64%) . .
Intermediate 69.65 to 81.21 80.02 (10.29%) . .
Short 81.21 to 80.02 . . 94.77 (1239.50%)