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 134.3 to 106.54 . . 136.58 (108.21%)
Intermediate 111.81 to 132.06 129.97 (10.32%) . .
Short 132.06 to 129.97 . . 136.58 (316.27%)