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 110.16 to 89.55 . . 109.05 (94.61%)
Intermediate 90.31 to 108.61 101.59 (38.36%) . .
Short 99.91 to 109.05 107.01 (22.32%) . .