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 67.98 to 53.17 . . 65 (79.88%)
Intermediate 53.82 to 65 61.42 (32.02%) . .
Short 56.84 to 65 . 61.42 (43.87%) .