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 95.84 to 81.02 . . 93.0474 (81.16%)
Intermediate 89.56 to 93.0474 . . 90.649 (68.77%)
Short 93.0474 to 90.6 . . 92.3198 (70.27%)