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 89.47 to 68.61 . . 81.7 (62.75%)
Intermediate 70.26 to 81.76 . 75.8 (51.83%) .
Short 81.3 to 75.73 . . 80.83 (91.56%)