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 79.54 to 77.63 78.03 (20.94%) . .
Intermediate 78.96 to 77.63 78.03 (30.08%) . .
Short 78.55 to 77.63 . 78.03 (43.48%) .