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 179.48 to 130.21 . 157.56 (55.51%) .
Intermediate 163.88 to 130.21 . . 157.56 (81.23%)
Short 130.21 to 158.2 155.52 (9.57%) . .