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 60.28 to 69.47 . 64.58 (53.21%) .
Intermediate 69.47 to 64.58 . . 68.59 (82.00%)
Short 69.47 to 64.58 . . 68.59 (82.00%)