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 78.68 to 106.93 . . 89.87 (60.39%)
Intermediate 106.93 to 89.87 . . 101.45 (67.88%)
Short 103.82 to 89.87 . . 101.45 (83.01%)