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 241.94 to 341.66 . 296.08 (45.71%) .
Intermediate 292.85 to 341.66 . . 296.08 (93.38%)
Short 341.66 to 296.08 . . 328.01 (70.05%)