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 144.65 to 66.12 93.19 (34.47%) . .
Intermediate 97.7 to 66.12 . . 93.19 (85.72%)
Short 92.61 to 66.12 . . 93.19 (102.19%)