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 80.3 to 129.69 . 104.07 (51.87%) .
Intermediate 87.63 to 129.69 . . 104.07 (60.91%)
Short 129.69 to 103.37 107.22 (14.63%) . .