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 100.33 to 100.71 . . 100.37 (89.47%)
Intermediate 100.37 to 100.71 . . 100.37 (100.00%)
Short 100.71 to 100.38 . . 100.69 (93.94%)