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 161.62 to 256.95 233.08 (25.04%) . .
Intermediate 218.58 to 256.95 . . 233.08 (62.21%)
Short 256.95 to 228.9125 . 243.3 (51.32%) .