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 to 90 104.46 (30.12%) . .
Intermediate 108.7 to 90 . . 104.46 (77.33%)
Short 105.55 to 90 . . 104.46 (92.99%)