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 97.23 to 54.45 65.46 (25.74%) . .
Intermediate 70.51 to 54.45 . . 65.46 (68.56%)
Short 64.47 to 54.45 . . 65.46 (109.88%)