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 90.43 to 104 . 96.12 (58.07%) .
Intermediate 93.56 to 104 . . 96.12 (75.48%)
Short 95.22 to 117.48 115.91 (7.05%) . .