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 to 195.58 160.05 (18.17%) . .
Intermediate 137.85 to 195.58 . . 160.05 (61.55%)
Short 195 to 160.05 . . 203.2 (123.46%)