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 85.5 to 95.72 . . 88.3 (72.60%)
Intermediate 95.72 to 88.3 . 92.56 (57.41%) .
Short 92.56 to 88.51 . 90.17 (40.99%) .