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 113.32 to 126.73 . 120.48 (46.61%) .
Intermediate 126.73 to 120.48 . . 126.36 (94.08%)
Short 120.48 to 126.45 . 123.53 (48.91%) .