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 305.15 to 194.34 219.72 (22.90%) . .
Intermediate 268.95 to 194.34 219.72 (34.02%) . .
Short 245.17 to 194.34 . 219.72 (49.93%) .