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 136.1 to 90.15 106.1 (34.71%) . .
Intermediate 112.5 to 90.15 . . 106.1 (71.36%)
Short 90.15 to 106.65 . . 96.45 (61.82%)