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 109.7 to 89.14 . . 105.48 (79.47%)
Intermediate 105.66 to 92.06 . 99.5 (54.71%) .
Short 99.5 to 92.68 . . 99.5 (100.00%)