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 75.07 to 67.45 . . 73.9 (84.65%)
Intermediate 74.21 to 71.54 . . 73.9 (88.39%)
Short 73.9 to 71.78 . 72.82 (49.06%) .