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 68.42 to 53.77 . . 64.5 (73.24%)
Intermediate 63.52 to 53.77 . . 64.5 (110.05%)
Short 62.19 to 55.41 . . 64.5 (134.07%)