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 218.67 to 177.03 . . 205.82 (69.14%)
Intermediate 183.87 to 205.82 . 194.6 (51.12%) .
Short 191.25 to 205.82 . . 194.6 (77.01%)