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 111 to 82.38 . 98.5 (56.32%) .
Intermediate 101 to 82.38 . . 98.5 (86.57%)
Short 82.38 to 95 94.15 (6.74%) . .