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 186.63 to 96.16 . . 171.44 (83.21%)
Intermediate 115.11 to 163.79 146.59 (35.33%) . .
Short 161.08 to 144.7 . . 171.44 (163.25%)