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 231.84 to 146.74 160.12 (15.72%) . .
Intermediate 209.29 to 146.74 160.12 (21.39%) . .
Short 170.23 to 146.74 . 160.12 (56.96%) .