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 173.51 to 105.63 127.89 (32.79%) . .
Intermediate 124.73 to 105.63 . . 127.89 (116.54%)
Short 105.63 to 119.76 115.96 (26.89%) . .