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 78.25 to 60.75 63.41 (15.20%) . .
Intermediate 69.44 to 60.75 63.41 (30.61%) . .
Short 66.53 to 60.75 . 63.41 (46.02%) .