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 141.94 to 97.54 . . 127.08 (66.53%)
Intermediate 127.08 to 110.85 . 119.06 (50.59%) .
Short 127.04 to 110.85 . 119.06 (50.71%) .