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 106 to 90.45 . . 119.65 (187.78%)
Intermediate 92.546 to 105.61 . 100.25 (41.03%) .
Short 98.87 to 119.65 112.03 (36.67%) . .