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 83.6 to 75.965 . . 82.83 (89.91%)
Intermediate 82.99 to 75.965 . . 82.83 (97.72%)
Short 79.51 to 82.6 . 81.3 (42.07%) .