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 190.84 to 227.55 . 205.81 (59.22%) .
Intermediate 227.55 to 204.46 . . 234.23 (128.93%)
Short 227.55 to 204.46 . . 234.23 (128.93%)