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 120.3 to 100 . . 118.52 (91.23%)
Intermediate 119.08 to 108.78 . . 117.9 (88.54%)
Short 119.08 to 108.78 . . 117.9 (88.54%)