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 56.53 to 72.98 67.82 (31.37%) . .
Intermediate 72.98 to 67.225 . . 71.88 (80.89%)
Short 67.62 to 71.88 . . 68.22 (85.92%)