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 176.03 to 141.16 . . 170.3 (83.57%)
Intermediate 149.87 to 170.75 . . 155.06 (75.14%)
Short 170.75 to 155.06 159.19 (26.32%) . .