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 70.44 to 55.12 . . 65.52 (67.89%)
Intermediate 55.12 to 65.79 . 61.48 (40.39%) .
Short 61.44 to 65.14 . 62.98 (58.38%) .