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 155 to 88.96 . . 150.33 (92.93%)
Intermediate 88.96 to 137.4 . 116.7764 (42.58%) .
Short 116.7764 to 149 138.77 (31.75%) . .