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 225.82 to 269.445 252.37 (39.14%) . .
Intermediate 269.445 to 252.37 . . 284.82 (190.04%)
Short 269.445 to 252.37 . . 284.82 (190.04%)