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 190.51 to 246.38 . . 201.46 (80.40%)
Intermediate 234.71 to 201.46 . . 230.45 (87.19%)
Short 201.46 to 230.45 . . 212.05 (63.47%)