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 78.11 to 176.5 . 119.4 (58.03%) .
Intermediate 107.68 to 176.5 . . 119.4 (82.97%)
Short 133 to 176.5 . . 119.4 (131.26%)