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 165.85 to 241.82 218.4 (30.83%) . .
Intermediate 189.88 to 241.82 . 218.4 (45.09%) .
Short 199.13 to 241.82 . 218.4 (54.86%) .