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 81.15 to 66.73 . 74.95 (57.00%) .
Intermediate 79.3 to 66.73 . . 74.95 (65.39%)
Short 66.73 to 74.95 73.44 (18.37%) . .