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 67.5 to 82.252 . . 68.636 (92.30%)
Intermediate 82.252 to 68.636 . . 81.29 (92.93%)
Short 68.636 to 81.29 77.42 (30.58%) . .