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 181.92 to 126.34 141.8 (27.82%) . .
Intermediate 139.32 to 128.66 . . 141.8 (123.26%)
Short 128.66 to 137.81 . . 131.05 (73.88%)