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 88.63 to 115 . 103.49 (43.65%) .
Intermediate 115 to 103.38 . . 111.67 (71.34%)
Short 112.88 to 103.65 . . 109.39 (62.19%)