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 172.64 to 120.04 . . 154.64 (65.78%)
Intermediate 153.88 to 143.41 . . 154.64 (107.26%)
Short 153.81 to 143.41 . . 154.64 (107.98%)