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 156.55 to 210.81 . . 167.58 (79.67%)
Intermediate 210.81 to 167.58 . 191.19 (54.61%) .
Short 167.58 to 191.19 . 180.1 (46.97%) .