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 189.1 to 106.6 . 144.02 (45.36%) .
Intermediate 161.59 to 106.6 . . 144.02 (68.05%)
Short 148.53 to 106.6 . . 144.02 (89.24%)