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 213.38 to 156.13 . . 205.4 (86.06%)
Intermediate 213.38 to 156.13 . . 205.4 (86.06%)
Short 156.13 to 205.4 . 176.99 (57.66%) .