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 97.69 to 85.43 . . 97.5 (98.45%)
Intermediate 97.5 to 87.73 . . 95.81 (82.70%)
Short 96.95 to 87.73 . . 95.81 (87.64%)