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 145.95 to 171.86 162.04 (37.90%) . .
Intermediate 154.38 to 171.86 . 162.04 (56.18%) .
Short 162.04 to 171.8 . . 163.41 (85.96%)