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 113.37 to 87.86 . . 110.65 (89.34%)
Intermediate 112.61 to 87.86 . . 110.65 (92.08%)
Short 111.54 to 87.86 . . 110.65 (96.24%)