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 296.54 to 355.58 332.38 (39.30%) . .
Intermediate 312.64 to 355.58 . 332.38 (54.03%) .
Short 355.58 to 332.38 . . 352.14 (85.17%)