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 78.24 to 45.25 . 61.49 (49.23%) .
Intermediate 66.97 to 45.25 . . 61.49 (74.77%)
Short 45.25 to 61.785 61.36 (2.57%) . .