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 100.055 to 75.18 . 89 (55.56%) .
Intermediate 96.34 to 75.18 . . 89 (65.31%)
Short 75.18 to 89.49 . 83.67 (40.67%) .