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 101.03 to 105.19 . . 101.99 (76.92%)
Intermediate 105.19 to 101.89 . . 104.446 (77.45%)
Short 101.97 to 103.492 102.9491 (35.67%) . .