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 103.69 to 69.85 . . 90.53 (61.11%)
Intermediate 74.99 to 91.17 . 84.68 (40.11%) .
Short 83.07 to 90.6 . . 84.8 (77.03%)