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 77.78 to 101.14 . . 84.65 (70.59%)
Intermediate 101.14 to 90.07 . . 99.44 (84.64%)
Short 99.44 to 84.65 87.75 (20.96%) . .