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 93.4 to 89.37 . . 92.18 (69.73%)
Intermediate 92.09 to 89.81 . . 92.18 (103.95%)
Short 90.3 to 92.18 91.45 (38.83%) . .