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 65.96 to 93.545 . . 74.055 (70.65%)
Intermediate 79.66 to 91.4 . . 82.36 (77.00%)
Short 90.63 to 81.96 85.15 (36.79%) . .