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 112.22 to 69.07 86.28 (39.88%) . .
Intermediate 69.07 to 86.64 . 76.87 (55.61%) .
Short 70.03 to 86.64 . 76.87 (58.82%) .