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 110.15 to 78.2 . . 108.8017 (95.78%)
Intermediate 84.04 to 104.78 102.2 (12.44%) . .
Short 100.85 to 105.6 . 103.47 (44.84%) .