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 117.86 to 62.77 . 94.89 (58.30%) .
Intermediate 99.17 to 62.77 . . 94.89 (88.24%)
Short 62.77 to 95.7 83.2 (37.96%) . .