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 195.91 to 157.96 . . 183.97 (68.54%)
Intermediate 183.97 to 173.93 . . 181.08 (71.22%)
Short 183.97 to 173.93 . . 181.08 (71.22%)