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 67.33 to 107.03 . . 71.8 (88.74%)
Intermediate 103.44 to 69.52 . . 92.02 (66.33%)
Short 69.52 to 92.02 84.71 (32.49%) . .