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 167.85 to 142.64 . 156.42 (54.66%) .
Intermediate 157.34 to 145.45 . 151.37 (49.79%) .
Short 152.99 to 132.48 135.58 (15.11%) . .