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 86.7 to 66.14 . . 83.58 (84.82%)
Intermediate 85.99 to 66.14 . . 83.58 (87.86%)
Short 66.14 to 82.47 80.76 (10.47%) . .