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 305.98 to 188.5 . 252.46 (54.44%) .
Intermediate 198.42 to 252.46 . . 176.67 (140.25%)
Short 252.46 to 197.66 201.69 (7.35%) . .