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 86.99 to 106.18 . . 89.7 (85.88%)
Intermediate 106.18 to 87.04 . . 104.93 (93.47%)
Short 87.04 to 105 103.29 (9.52%) . .