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 133.09 to 111.13 . . 124.9 (62.70%)
Intermediate 123.97 to 111.13 . . 124.9 (107.24%)
Short 118.55 to 123.2 . . 119.41 (81.51%)