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 170.92 to 127.83 . 151.66 (55.30%) .
Intermediate 170.92 to 127.83 . 151.66 (55.30%) .
Short 151.66 to 128.41 . . 146.56 (78.06%)