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 96.29 to 81.31 . . 94.66 (89.12%)
Intermediate 95 to 81.31 . . 94.66 (97.52%)
Short 83.35 to 94.78 91.9 (25.20%) . .