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 237.53 to 311.24 287.59 (32.09%) . .
Intermediate 247.94 to 311.24 287.59 (37.36%) . .
Short 311.24 to 286.6 . . 304.1 (71.02%)