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 90.1 to 110.12 . 101.28 (44.16%) .
Intermediate 110.12 to 100.95 . . 108.5 (82.33%)
Short 110.12 to 100.95 . . 108.5 (82.33%)