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 75.79 to 87.8 . . 76.4 (94.92%)
Intermediate 86.7 to 76.06 . . 84.15 (76.03%)
Short 83.09 to 76.71 . . 84.15 (116.61%)