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 79.68 to 64.15 . . 76.8 (81.46%)
Intermediate 66.25 to 76.82 . . 67 (92.90%)
Short 74.7 to 67 . . 72.44 (70.65%)