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 146.72 to 109.88 . . 151.73 (113.60%)
Intermediate 117.86 to 145.56 143.18 (8.59%) . .
Short 145.56 to 143.18 . . 151.73 (359.24%)