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 111.02 to 141 . 123.95 (56.87%) .
Intermediate 141 to 121.625 . . 134 (63.87%)
Short 132.65 to 121.625 . . 134 (112.24%)