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 27.64 to 69.85 61.35 (20.14%) . .
Intermediate 44.81 to 69.85 61.35 (33.95%) . .
Short 57.5 to 69.85 . . 61.35 (68.83%)