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 69.6 to 94.21 . . 64.8 (119.50%)
Intermediate 94.21 to 76.82 79 (12.54%) . .
Short 89.92 to 63.88 66.35 (9.49%) . .