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 to 169.85 161.64 (4.83%) . .
Intermediate 138.63 to 169.85 161.64 (26.30%) . .
Short 169.85 to 161.64 . . 168.2 (79.90%)