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 99.61 to 65.93 79.11 (39.13%) . .
Intermediate 94 to 65.93 . 79.11 (46.95%) .
Short 87.04 to 65.93 . . 79.11 (62.43%)