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 67.5 to 87.1 . 79.188 (40.37%) .
Intermediate 74.162 to 87.1 . . 79.188 (61.15%)
Short 87.1 to 78.04 . . 85.89 (86.64%)