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 167.73 to 89.78 118.73 (37.14%) . .
Intermediate 141.89 to 89.78 . 118.73 (55.56%) .
Short 120.9 to 89.78 . . 118.73 (93.03%)