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 166.43 to 254.45 240.33 (16.04%) . .
Intermediate 238.66 to 254.45 . . 240.33 (89.42%)
Short 254.45 to 241.64 . 247.2 (43.40%) .