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 176.65 to 133.18 . 153.36 (46.42%) .
Intermediate 159.84 to 133.18 . . 153.36 (75.69%)
Short 133.18 to 152.99 150.92 (10.45%) . .