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 119.15 to 80.27 95.48 (39.12%) . .
Intermediate 82.36 to 95.48 . . 85.98 (72.41%)
Short 94.33 to 85.98 . . 92.58 (79.04%)