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 110.62 to 56.21 . . 104.13 (88.07%)
Intermediate 96.5 to 56.21 . . 104.13 (118.94%)
Short 62.21 to 94.6 91.76 (8.77%) . .