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 90.67 to 59.8 . . 87.26 (88.95%)
Intermediate 59.8 to 83.61 76.87 (28.31%) . .
Short 76.87 to 87.26 85.42 (17.71%) . .