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 145.62 to 96.42 . . 130.33 (68.92%)
Intermediate 96.42 to 130.33 . 110.49 (58.51%) .
Short 129.404 to 110.27 . 121.099 (56.60%) .