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 157.22 to 179.42 173.94 (24.68%) . .
Intermediate 171.33 to 179.42 . . 173.94 (67.74%)
Short 179.42 to 173.94 . . 177.69 (68.43%)