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 215.89 to 120.38 131.26 (11.39%) . .
Intermediate 173.79 to 120.38 131.26 (20.37%) . .
Short 139.71 to 120.38 . 131.26 (56.29%) .