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 103.79 to 76.46 85.2 (31.98%) . .
Intermediate 95.25 to 76.46 . 85.2 (46.51%) .
Short 92.31 to 76.46 . 85.2 (55.14%) .