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 124.75 to 158.97 . . 133.16 (75.42%)
Intermediate 158.97 to 128.56 . . 150.39 (71.79%)
Short 128.56 to 151 . 137.7 (59.27%) .