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 79.88 to 49.95 60.05 (33.75%) . .
Intermediate 68.49 to 49.95 . 60.05 (54.48%) .
Short 60.95 to 49.95 . . 60.05 (91.82%)