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 104.68 to 83.12 . . 98.6973 (72.25%)
Intermediate 92.97 to 98.6973 . 95.607 (53.96%) .
Short 98.6973 to 95.13 . . 97.8661 (76.70%)