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 90.46 to 94.34 . . 91.41 (75.52%)
Intermediate 94.34 to 91.24 . . 93.9 (85.81%)
Short 91.31 to 93 92.42 (34.32%) . .