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 to 124.59 . . 159.48 (67.87%)
Intermediate 135.21 to 160 151.32 (35.01%) . .
Short 143.42 to 160 . 151.32 (52.35%) .