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 289.56 to 200.55 . . 272 (80.27%)
Intermediate 225.35 to 261.39 . 244.55 (46.73%) .
Short 261.39 to 244.55 . . 272 (163.00%)