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 160.92 to 66.01 88.47 (23.66%) . .
Intermediate 66.01 to 103.88 . . 74.66 (77.16%)
Short 72.61 to 103.88 . . 74.66 (93.44%)