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 155.36 to 191.73 177.55 (38.99%) . .
Intermediate 179.35 to 191.73 . . 177.55 (114.54%)
Short 183.41 to 191.73 . . 177.55 (170.43%)