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 104.29 to 125.66 . . 110.12 (72.72%)
Intermediate 113 to 125.66 . . 110.12 (122.75%)
Short 125.66 to 114.21 116.97 (24.10%) . .