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 117.92 to 96.25 101.23 (22.98%) . .
Intermediate 115.54 to 96.25 101.23 (25.82%) . .
Short 102.02 to 96.25 . . 101.23 (86.31%)