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 137.25 to 95.93 . . 124.33 (68.73%)
Intermediate 95.93 to 124.33 . 110.79 (47.68%) .
Short 122.67 to 110.79 . 115.96 (43.52%) .