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 to 312.52 . . 10.17 (96.75%)
Intermediate 63.5 to 312.52 . . 10.17 (121.42%)
Short 312.52 to 134.22 166.74 (18.24%) . .