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 159.1 to 130.18 . . 156.5 (91.01%)
Intermediate 159.1 to 148.4 . . 156.5 (75.70%)
Short 158.72 to 142.41 . 149 (40.40%) .