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 130.6 to 196.11 187.62 (12.96%) . .
Intermediate 175 to 196.11 . 187.62 (40.22%) .
Short 181.44 to 196.11 . 187.62 (57.87%) .