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 84.34 to 99.49 96.34 (20.79%) . .
Intermediate 99.49 to 96.34 . . 99.65 (105.08%)
Short 99.36 to 96.34 . . 99.65 (109.60%)