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 121.82 to 135.52 . . 117.4 (132.26%)
Intermediate 131.77 to 122.59 . . 131.02 (91.83%)
Short 131.02 to 120.88 122.21 (13.12%) . .