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 168 to 103.27 . 136.5 (51.34%) .
Intermediate 147.05 to 103.27 . . 136.5 (75.90%)
Short 124.76 to 103.27 . . 136.5 (154.63%)