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 126.44 to 82.1 . 107.02 (56.20%) .
Intermediate 86.77 to 107.58 . 95.15 (59.73%) .
Short 107.58 to 94.57 . . 104.8 (78.63%)