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 127.18 to 101.33 . . 119.8 (71.45%)
Intermediate 106.54 to 126.67 . . 108 (92.75%)
Short 108 to 121.55 . . 108.16 (98.82%)