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 139.94 to 99.78 . . 134.83 (87.28%)
Intermediate 119.35 to 135.33 . 125.8 (59.64%) .
Short 135.33 to 125.75 . . 133.07 (76.41%)