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 183.72 to 150.5 . . 171.05 (61.86%)
Intermediate 176.01 to 150.5 . . 171.05 (80.56%)
Short 171.05 to 163.64 . . 168.13 (60.59%)