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 421.73 to 151.52 182.98 (11.64%) . .
Intermediate 286.84 to 151.52 182.98 (23.25%) . .
Short 272.17 to 144.84 158.05 (10.37%) . .