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 36.36 to 105.64 97.81 (11.30%) . .
Intermediate 70.02 to 105.64 97.81 (21.98%) . .
Short 105.64 to 101.98 . . 104.24 (61.75%)