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 79.3 to 66.5 . . 76.44 (77.66%)
Intermediate 78.25 to 66.5 . . 76.44 (84.60%)
Short 66.5 to 73.72 72.21 (20.91%) . .