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 116.55 to 135.73 . 126.83 (46.40%) .
Intermediate 122.93 to 135.73 . . 126.83 (69.53%)
Short 124.88 to 135.73 . . 126.83 (82.03%)