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 120.66 to 83.32 . 98.72 (41.24%) .
Intermediate 105.57 to 83.32 . . 98.72 (69.21%)
Short 83.32 to 99.83 97.12 (16.41%) . .