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 251.12 to 167.22 . 206.44 (46.75%) .
Intermediate 212.96 to 167.22 . . 206.44 (85.75%)
Short 184.9 to 172.14 . . 206.44 (268.81%)