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 81.42 to 60.64 . . 73.85 (63.57%)
Intermediate 80.78 to 60.64 . . 73.85 (65.59%)
Short 60.64 to 73.85 73.18 (5.07%) . .