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 76.16 to 63.385 . . 75 (90.92%)
Intermediate 64.68 to 75.2 . 69.42 (54.94%) .
Short 66.77 to 75.2 . . 69.42 (68.56%)