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 94.87 to 46.49 . 71.9 (52.52%) .
Intermediate 71.9 to 60.53 . . 69.13 (75.64%)
Short 60.53 to 69.13 . . 61.61 (87.44%)