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 106 to 155 . . 118.49 (74.51%)
Intermediate 112.8 to 155 . . 118.49 (86.52%)
Short 155 to 126.95 129.75 (9.98%) . .