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 174.45 to 124.21 . 149.56 (50.46%) .
Intermediate 161.28 to 124.21 . . 149.56 (68.38%)
Short 124.21 to 150.76 147.22 (13.33%) . .