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 139.77 to 167.12 . . 148.19 (69.21%)
Intermediate 149.17 to 165.51 . . 148.19 (106.00%)
Short 165.51 to 149.43 155.22 (36.01%) . .