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 120.43 to 48.79 76.95 (39.31%) . .
Intermediate 88.24 to 48.79 . . 76.95 (71.38%)
Short 67.43 to 61.12 . . 76.95 (250.87%)