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 62.52 to 93.35 82.53 (35.10%) . .
Intermediate 93.35 to 82.53 . . 93.3 (99.54%)
Short 93.35 to 82.53 . . 93.3 (99.54%)