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 216.01 to 146.83 . 179.46 (47.17%) .
Intermediate 192.35 to 146.83 . . 179.46 (71.68%)
Short 157.89 to 179.46 171.82 (35.42%) . .