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 to 79.08 72.5337 (8.28%) . .
Intermediate 70 to 79.08 . . 72.5337 (72.10%)
Short 79.08 to 72.8264 73.57 (11.89%) . .