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 84.16 to 72.91 . . 82.18 (82.40%)
Intermediate 80.34 to 75.05 . . 82.18 (134.78%)
Short 80.15 to 77.63 . . 82.18 (180.56%)