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 75.56 to 58.64 . . 74.35 (92.85%)
Intermediate 60.75 to 71.73 70.169 (14.22%) . .
Short 69.76 to 74.35 73.69 (14.38%) . .