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 107.93 to 127.41 121.2 (31.88%) . .
Intermediate 112.13 to 127.41 . 121.2 (40.64%) .
Short 119.37 to 127.41 . . 121.2 (77.24%)