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 108.7 to 151.71 . 128.92 (52.99%) .
Intermediate 125.54 to 151.71 . . 128.92 (87.08%)
Short 149.97 to 132 137.39 (29.99%) . .