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 338.07 to 247.13 277.62 (33.53%) . .
Intermediate 319.07 to 247.13 . 277.62 (42.38%) .
Short 296.07 to 247.13 . . 277.62 (62.30%)