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 131.02 to 102.6 . . 128.43 (90.89%)
Intermediate 117.41 to 128.43 125.12 (30.04%) . .
Short 120.35 to 128.43 . 125.12 (40.97%) .