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 416.88 to 270.76 . 342.55 (49.13%) .
Intermediate 369.25 to 270.76 . . 342.55 (72.89%)
Short 334.66 to 270.76 . . 342.55 (112.35%)