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 75.28 to 53.02 59.15 (27.54%) . .
Intermediate 64.58 to 53.02 . 59.15 (53.03%) .
Short 61.49 to 53.02 . . 59.15 (72.37%)