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 109.43 to 127.28 . . 114.61 (70.98%)
Intermediate 127.28 to 114.61 . 121.926 (57.74%) .
Short 114.72 to 122.03 . 118.95 (42.13%) .