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 to 168.08 . . 148.69 (71.60%)
Intermediate 168.08 to 142.2 . . 157.75 (60.09%)
Short 165.84 to 142.2 . . 157.75 (65.78%)