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 174.48 to 112.94 . . 218.1 (170.88%)
Intermediate 129.75 to 169.37 165.1 (10.78%) . .
Short 161.89 to 180 175.84 (22.97%) . .