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 108.67 to 59.49 . . 99.92 (82.21%)
Intermediate 79.14 to 99.92 93.88 (29.07%) . .
Short 93.56 to 99.92 . . 93.88 (94.97%)