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 82.1 to 53.22 . . 76.39 (80.23%)
Intermediate 55.86 to 64.395 . 59.51 (57.23%) .
Short 64.395 to 59.51 . . 76.39 (345.55%)