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 121.08 to 97.49 . . 126.13 (121.41%)
Intermediate 102.75 to 120.44 118.79 (9.33%) . .
Short 117.35 to 120.44 . 118.79 (53.40%) .