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 69.8608 to 55.62 . . 71.3 (110.11%)
Intermediate 58.91 to 69.3699 68.35 (9.75%) . .
Short 66.29 to 69.3699 68.35 (33.11%) . .