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 96.16 to 115.57 . . 101.96 (70.12%)
Intermediate 115.57 to 98.21 . . 114.29 (92.63%)
Short 98.21 to 114.82 110.13 (28.24%) . .