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 149.75 to 118.75 . . 152.84 (109.97%)
Intermediate 140.22 to 147.48 145.12 (32.51%) . .
Short 145.07 to 152.69 151.56 (14.83%) . .