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 101.3399 to 98.06 . . 101.6604 (109.77%)
Intermediate 98.515 to 101.04 100.35 (27.33%) . .
Short 101.04 to 100.1301 . . 101.6604 (168.18%)