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 268.73 to 164.98 . . 298.93 (129.11%)
Intermediate 172.5 to 220.9 202.62 (37.77%) . .
Short 223.27 to 244.35 . 232.83 (54.65%) .