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 138.32 to 179.5 . 158.03 (52.14%) .
Intermediate 155.57 to 179.5 . . 158.03 (89.72%)
Short 179.5 to 158.03 159.62 (7.41%) . .