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 176.55 to 138.39 . . 165.8 (71.83%)
Intermediate 144.02 to 165.8 . . 151.93 (63.68%)
Short 162.55 to 151.63 . . 164.58 (118.59%)