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 92.24 to 97.2 . . 93.15 (81.65%)
Intermediate 96.07 to 93.15 . . 95.77 (89.73%)
Short 93.51 to 95.77 . 94.76 (44.69%) .