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 190.12 to 282 . 238.61 (47.22%) .
Intermediate 223.82 to 282 . . 238.61 (74.58%)
Short 282 to 239.52 245.03 (12.97%) . .