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 73.84 to 43.71 . . 63.91 (67.04%)
Intermediate 47.37 to 63.91 . . 53.957 (60.18%)
Short 63.91 to 51.52 . . 59.75 (66.42%)