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 75.4 to 54.81 . 63.44 (41.91%) .
Intermediate 73.39 to 54.81 . 63.44 (46.45%) .
Short 65.08 to 54.81 . . 63.44 (84.03%)