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 97.93 to 61.36 70.85 (25.95%) . .
Intermediate 77.6 to 61.36 . 70.85 (58.44%) .
Short 71.44 to 61.36 . . 70.85 (94.15%)