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 137.31 to 99.69 . . 125.49 (68.58%)
Intermediate 99.69 to 125.59 119.34 (24.13%) . .
Short 103.3 to 125.59 119.34 (28.04%) . .