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 161.1462 to 178.6724 172.2656 (36.56%) . .
Intermediate 168.8037 to 178.6724 . . 172.2656 (64.92%)
Short 178.6724 to 172.2656 173.8577 (24.85%) . .