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 87.4 to 73.12 . . 82.5104 (65.76%)
Intermediate 77.74 to 82.5315 . 79.6956 (59.19%) .
Short 82.5315 to 79.6956 . 81.3806 (59.42%) .