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 98.62 to 131.41 121.83 (29.22%) . .
Intermediate 131.41 to 120.96 . . 135.39 (138.09%)
Short 128.73 to 120.96 . . 135.39 (185.71%)