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 117.41 to 96.79 . . 116.2 (94.13%)
Intermediate 96.79 to 114.54 108.22 (35.61%) . .
Short 105.93 to 116.2 113.03 (30.87%) . .