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 132.09 to 101.29 . 115.75 (46.95%) .
Intermediate 114.19 to 101.29 . . 115.75 (112.09%)
Short 101.29 to 112.37 110.57 (16.25%) . .