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 170 to 135.95 142.3 (18.65%) . .
Intermediate 157.25 to 135.95 142.3 (29.81%) . .
Short 148.72 to 134 137.81 (25.88%) . .