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 61.59 to 84.63 . . 67.23 (75.52%)
Intermediate 84.63 to 67.23 71.98 (27.30%) . .
Short 84.63 to 67.23 71.98 (27.30%) . .