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 211.3 to 273.11 . . 232.77 (65.26%)
Intermediate 273.11 to 231.69 . 253.8 (53.38%) .
Short 270.34 to 231.69 . 253.8 (57.21%) .