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 50.8 to 77.34 . 65.72 (43.78%) .
Intermediate 59.94 to 77.34 . . 65.72 (66.78%)
Short 71.74 to 65.71 . . 73.0825 (122.26%)