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 166.25 to 78.21 101.7 (26.68%) . .
Intermediate 115.01 to 78.21 . . 101.7 (63.83%)
Short 106.65 to 78.21 . . 101.7 (82.59%)