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 127.03 to 109.16 . . 125.53 (91.61%)
Intermediate 109.16 to 126.06 . . 113 (77.28%)
Short 126.06 to 112.46 . . 120.87 (61.84%)