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 126.84 to 88.65 100.9 (32.08%) . .
Intermediate 101.34 to 88.65 . . 100.9 (96.53%)
Short 88.65 to 96.7 93.53 (39.38%) . .