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 142.55 to 100.28 . . 131.48 (73.81%)
Intermediate 100.28 to 130.29 123.56 (22.43%) . .
Short 130.29 to 123.56 . . 131.48 (117.68%)