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 89.98 to 57.92 . . 98.83 (127.60%)
Intermediate 62.36 to 85.85 80.79 (21.54%) . .
Short 80.585 to 93.41 90.49 (22.77%) . .