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 97.71 to 83.78 . . 96.25 (89.52%)
Intermediate 90 to 92.99 . 91.31 (56.19%) .
Short 91 to 96.25 95.2 (20.00%) . .