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 111.62 to 59.89 75.56 (30.29%) . .
Intermediate 79.8 to 59.89 . . 75.56 (78.70%)
Short 77.83 to 59.89 . . 75.56 (87.35%)