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 to 104.1 70.74 (32.05%) . .
Intermediate 104.1 to 70.74 . 87.21 (49.37%) .
Short 87.21 to 82.04 82.04 (0.00%) . .