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 70.96 to 471.02 . 242.17 (57.20%) .
Intermediate 190 to 471.02 . . 242.17 (81.44%)
Short 471.02 to 235.68 278.69 (18.28%) . .