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 128.15 to 100.7 . . 123.16 (81.82%)
Intermediate 125.5 to 100.7 . . 123.16 (90.56%)
Short 100.7 to 122.19 121.76 (2.00%) . .