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 187.46 to 142.32 . . 173.72 (69.56%)
Intermediate 164.72 to 173.72 . . 167.12 (73.33%)
Short 164.72 to 173.72 . . 167.12 (73.33%)