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 189.44 to 131.86 . . 174.79 (74.56%)
Intermediate 189.44 to 131.86 . . 174.79 (74.56%)
Short 131.86 to 172.99 166.02 (16.95%) . .