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 238.22 to 183.43 . 212.2 (52.51%) .
Intermediate 228.99 to 183.43 . . 212.2 (63.15%)
Short 215.61 to 183.43 . . 212.2 (89.40%)