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 168.17 to 140.32 . . 166.52 (94.08%)
Intermediate 164.15 to 158.38 . . 166.52 (141.07%)
Short 164.05 to 158.38 . . 166.52 (143.56%)