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 80.9 to 62.34 . . 78.79 (88.63%)
Intermediate 62.34 to 78.79 72.66 (37.26%) . .
Short 70.95 to 78.79 . . 72.66 (78.19%)