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 113.74 to 66.38 81.24 (31.38%) . .
Intermediate 97.88 to 66.38 . 81.24 (47.17%) .
Short 89.17 to 66.38 . . 81.24 (65.20%)