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 99.23 to 50.17 . 74.78 (50.16%) .
Intermediate 90.16 to 50.17 . . 74.78 (61.54%)
Short 65.03 to 50.17 . . 74.78 (165.61%)