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 97.37 to 75.79 . 87.8 (55.65%) .
Intermediate 75.79 to 87.8 . 82.47 (44.38%) .
Short 87.8 to 82.47 . 85.3 (53.10%) .