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 112.71 to 52.57 65.38 (21.30%) . .
Intermediate 90.86 to 52.57 65.38 (33.46%) . .
Short 70.82 to 52.57 . . 65.38 (70.19%)