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 240.52 to 142.5 . 184.27 (42.61%) .
Intermediate 207.03 to 142.5 . . 184.27 (64.73%)
Short 142.5 to 190 172.22 (37.43%) . .