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 79.61 to 94.75 . . 81.8 (85.54%)
Intermediate 94.75 to 80.5 85.28 (33.54%) . .
Short 89.86 to 80.5 . 85.28 (51.07%) .