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 45 to 82.1 70.67 (30.81%) . .
Intermediate 57.86 to 82.1 . 70.67 (47.15%) .
Short 82.1 to 70.67 . . 77.57 (60.37%)