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 83.66 to 53.04 . 69.485 (53.71%) .
Intermediate 70.11 to 53.11 . 62.66 (56.18%) .
Short 66.89 to 53.11 . . 62.66 (69.30%)