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 134.3 to 106.54 . . 123.61 (61.49%)
Intermediate 134.17 to 106.54 . . 123.61 (61.78%)
Short 106.54 to 123.61 121.94 (9.78%) . .