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 296.29 to 215.78 . 249 (41.26%) .
Intermediate 268.6 to 215.78 . . 249 (62.89%)
Short 255.09 to 215.78 . . 249 (84.51%)