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 78.74 to 66.39 . . 77.87 (92.96%)
Intermediate 78.27 to 66.39 . . 77.87 (96.63%)
Short 69.57 to 74.6 . . 70.31 (85.29%)