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 176.755 to 157.36 . . 170.63 (68.42%)
Intermediate 170.63 to 157.425 . . 169.89 (94.40%)
Short 169.89 to 158.02 161.22 (26.96%) . .