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 135.06 to 113.42 . . 132.52 (88.26%)
Intermediate 113.42 to 131.85 129.62 (12.10%) . .
Short 126.14 to 131.85 129.62 (39.05%) . .