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 136.42 to 189.58 . . 148.06 (78.10%)
Intermediate 189.58 to 145 162.24 (38.67%) . .
Short 189 to 145 162.24 (39.18%) . .