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 191.19 to 124.24 147.75 (35.12%) . .
Intermediate 148.19 to 130.4 . . 145.57 (85.27%)
Short 141.39 to 130.59 . . 145.57 (138.70%)