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 167.8 to 89.03 104.33 (19.42%) . .
Intermediate 124.48 to 89.03 . 104.33 (43.16%) .
Short 109.02 to 89.03 . . 104.33 (76.54%)