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 99.55 to 82.03 . . 93.19 (63.70%)
Intermediate 96.29 to 82.03 . . 93.19 (78.26%)
Short 82.03 to 91.83 88.73 (31.63%) . .