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 195.56 to 222.08 . . 204.98 (64.48%)
Intermediate 203.99 to 222.08 . . 204.98 (94.53%)
Short 222.08 to 204.98 . . 219.1 (82.57%)