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 178 to 127.16 . . 171.87 (87.94%)
Intermediate 142.23 to 168.44 160.72 (29.45%) . .
Short 150 to 172.82 . 160.72 (53.02%) .