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 138.364 to 93.6 . . 126.42 (73.32%)
Intermediate 93.6 to 130.738 . . 92.25 (103.64%)
Short 130.738 to 90.15 93.76 (8.89%) . .