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 64 to 111.99 103.93 (16.80%) . .
Intermediate 111.99 to 103.93 . . 137.66 (418.49%)
Short 108.36 to 103.93 . . 137.66 (761.40%)