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 129.38 to 97.93 . . 123 (79.71%)
Intermediate 121.3 to 97.93 . . 123 (107.27%)
Short 111.86 to 97.93 . . 123 (179.97%)