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 77.9 to 60.61 . . 71.72 (64.26%)
Intermediate 75.3 to 60.61 . . 71.72 (75.63%)
Short 71.81 to 60.61 . . 71.72 (99.20%)