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 159.11 to 514.1 . . 219.37 (83.02%)
Intermediate 514.1 to 203.78 307.58 (33.45%) . .
Short 346.29 to 203.78 . . 307.58 (72.84%)