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 230.15 to 178 . . 227.096 (94.14%)
Intermediate 178 to 215.1 . . 185.89 (78.73%)
Short 215.1 to 185.89 . . 227.096 (141.07%)