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 119.61 to 67.47 83.14 (30.05%) . .
Intermediate 107.06 to 67.47 83.14 (39.58%) . .
Short 99.6 to 67.47 . 83.14 (48.77%) .