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 136.12 to 155.59 . 145.06 (54.08%) .
Intermediate 155.59 to 144.58 . . 162.66 (164.21%)
Short 144.58 to 160.62 158.14 (15.46%) . .