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 83.54 to 55.17 62.66 (26.40%) . .
Intermediate 74.37 to 55.17 62.66 (39.01%) . .
Short 55.17 to 62.85 . 58.98 (50.39%) .