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 99.4 to 137.28 131.39 (15.55%) . .
Intermediate 120.1 to 137.28 131.39 (34.28%) . .
Short 124.44 to 137.28 . 131.39 (45.87%) .