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 129.64 to 150.34 . 141.2756 (43.79%) .
Intermediate 139.44 to 150.34 . . 141.2756 (83.16%)
Short 150.34 to 140.61 143.59 (30.63%) . .