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 120.23 to 63.09 . . 102.34 (68.69%)
Intermediate 71.78 to 102.48 . . 82.13 (66.29%)
Short 101.15 to 82.13 . . 99.26 (90.06%)