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 72.85 to 59.5 . . 68.14 (64.72%)
Intermediate 68.14 to 62.06 . . 67.87 (95.56%)
Short 67.87 to 64.77 . . 67.69 (94.19%)