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 69.03 to 88.55 82.16 (32.74%) . .
Intermediate 88.55 to 81.43 . . 88.17 (94.66%)
Short 81.43 to 88.17 87.02 (17.06%) . .