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 114.45 to 100.54 . . 112.71 (87.49%)
Intermediate 106.08 to 112.875 . 108.88 (58.79%) .
Short 112.875 to 108.88 . 111.12 (56.07%) .