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 151.9 to 113.57 . 129.63 (41.90%) .
Intermediate 116.78 to 128.76 . . 119.92 (73.79%)
Short 116.78 to 129.63 127.15 (19.30%) . .