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 94.59 to 57.6 61.54 (10.65%) . .
Intermediate 74.68 to 57.6 61.54 (23.07%) . .
Short 69.47 to 53.64 54.98 (8.46%) . .