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 98.59 to 112.94 . . 103.51 (65.71%)
Intermediate 112.94 to 103.1 . . 109.766 (67.74%)
Short 103.1 to 109.83 108.0954 (25.77%) . .