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 193.65 to 141 . . 186.36 (86.15%)
Intermediate 186.92 to 158.47 . 170.3 (41.58%) .
Short 172 to 158.47 . . 170.3 (87.44%)