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 181.86 to 211.31 . 195.76 (52.80%) .
Intermediate 211.31 to 195.7 . . 228.4 (209.48%)
Short 211.31 to 195.7 . . 228.4 (209.48%)