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 61.6 to 72.89 68.72 (36.94%) . .
Intermediate 64.79 to 72.89 . 68.72 (51.48%) .
Short 72.89 to 68.43 69.92 (33.41%) . .