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 118.68 to 103.247 . 110.285 (45.60%) .
Intermediate 103.247 to 109.551 108.154 (22.16%) . .
Short 105.207 to 110.354 109.512 (16.36%) . .