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 122.56 to 74.3 91.79 (36.24%) . .
Intermediate 115.51 to 74.3 . 91.79 (42.44%) .
Short 106.61 to 74.3 . 91.79 (54.13%) .