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 111.61 to 85.97 . . 107.99 (85.88%)
Intermediate 104.7 to 99.59 . . 107.99 (164.38%)
Short 101.52 to 104.33 . . 102 (82.92%)