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 94453.58 to 103543.7 100510.6 (33.37%) . .
Intermediate 96049.77 to 103543.7 . 100510.6 (40.47%) .
Short 104499.9 to 105535.6 . . 104636.5 (86.81%)