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 137 to 200.05 . . 159.8 (63.84%)
Intermediate 150 to 200.05 . . 159.8 (80.42%)
Short 200 to 159.8 . . 185 (62.69%)