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 112.47 to 79.34 91.79 (37.58%) . .
Intermediate 103.19 to 79.34 . 91.79 (52.20%) .
Short 94.67 to 79.34 . . 91.79 (81.21%)