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 158.55 to 193.06 180.51 (36.37%) . .
Intermediate 178.96 to 193.06 . . 180.51 (89.01%)
Short 193.06 to 180.52 . 185.99 (43.62%) .