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 109.83 to 89.15 . . 111.7791 (109.43%)
Intermediate 102.83 to 107.64 106.36 (26.61%) . .
Short 107.64 to 106.36 . . 111.7791 (423.37%)