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 122.03 to 93.44 . . 118.1206 (86.33%)
Intermediate 108.55 to 113.8651 . 111.65 (41.68%) .
Short 110.3 to 113.8651 . . 111.65 (62.13%)