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 103.57 to 80.14 . . 108.3 (120.19%)
Intermediate 81 to 99.62 . 91.64 (42.86%) .
Short 99.62 to 91.21 . . 108.3 (203.21%)