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 107.03 to 77.38 . . 103.32 (87.49%)
Intermediate 93.48 to 101.81 98.67 (37.70%) . .
Short 94.93 to 101.81 . 98.67 (45.64%) .