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 185.88 to 156.9 . . 179.74 (78.81%)
Intermediate 170.43 to 179.93 . . 171.37 (90.11%)
Short 179.93 to 171.37 . 175.69 (50.47%) .