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 124 to 93.38 . . 118.99 (83.64%)
Intermediate 122.09 to 100.56 . 109.83 (43.06%) .
Short 119 to 100.56 . 109.83 (50.27%) .