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 67.65 to 52.94 . . 65.7 (86.74%)
Intermediate 53.27 to 63.17 . 58.61 (46.06%) .
Short 62.4 to 58.45 . . 65.7 (183.54%)