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 103.93 to 143 . . 118.39 (62.99%)
Intermediate 142.14 to 118.39 . . 160.72 (178.23%)
Short 119.1 to 160.72 156.51 (10.12%) . .