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 200 to 119.01 139.81 (25.68%) . .
Intermediate 166.85 to 119.01 . 139.81 (43.48%) .
Short 147.66 to 119.01 . . 139.81 (72.60%)