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 92.18 to 62.77 . . 84.39 (73.51%)
Intermediate 67.43 to 80.53 76.29 (32.37%) . .
Short 80.53 to 76.29 . . 84.39 (191.04%)