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 183.31 to 102.72 123.63 (25.95%) . .
Intermediate 123.31 to 102.72 . . 123.63 (101.55%)
Short 112.83 to . . 124.33 (110.19%)