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 168.64 to 208.52 193.5 (37.66%) . .
Intermediate 208.52 to 193.5 . . 227.25 (224.70%)
Short 212.75 to 220 . 216.13 (53.38%) .