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 60.18 to 75.04 71.76 (22.07%) . .
Intermediate 75.04 to 71.15 . . 75.28 (106.17%)
Short 75.04 to 71.15 . . 75.28 (106.17%)