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 121.93 to 168.88 161.38 (15.97%) . .
Intermediate 127.62 to 168.88 161.38 (18.18%) . .
Short 168.88 to 160 . . 167.36 (82.88%)