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 189.3 to 103.31 . 137.89 (40.21%) .
Intermediate 163.51 to 103.31 . 137.89 (57.44%) .
Short 143.32 to 103.31 . . 137.89 (86.43%)