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 111.1 to 89.49 . . 103.5 (64.83%)
Intermediate 105.1 to 89.49 . . 103.5 (89.75%)
Short 89.49 to 103.24 101.59 (12.00%) . .