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 156.98 to 117.76 . . 152.12 (87.61%)
Intermediate 156.05 to 117.76 . . 152.12 (89.74%)
Short 117.76 to 149.93 148.53 (4.35%) . .