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 72.76 to 51.2028 . 61.16 (46.19%) .
Intermediate 66 to 51.2028 . . 61.16 (67.29%)
Short 51.2028 to 61.16 59.89 (12.75%) . .