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SYK Fibonacci Analysis

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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 181.38 to 223.2 207.88 (36.63%) . .
Intermediate 205.66 to 223.2 . . 207.88 (87.34%)
Short 221.93 to 207.88 . 215.75 (56.01%) .
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