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 104.36 to 69.83 . . 108.87 (113.06%)
Intermediate 96 to 88.75 . . 108.87 (277.52%)
Short 90.48 to 95.58 . . 91.52 (79.61%)