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 348.9 to 189.66 229.23 (24.85%) . .
Intermediate 205.36 to 227.7 . 215.82 (53.18%) .
Short 227.7 to 214.31 . . 229.23 (111.43%)