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 48.45 to 79.31 71.01 (26.90%) . .
Intermediate 67.53 to 79.31 . . 71.01 (70.46%)
Short 78.74 to 71.01 . . 75.86 (62.74%)