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 83.26 to 113.35 103.38 (33.13%) . .
Intermediate 101.32 to 113.35 . . 103.38 (82.88%)
Short 110.6 to 103.325 . . 110.1 (93.13%)