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 316 to 152.68 216.9 (39.32%) . .
Intermediate 287.99 to 152.68 . 216.9 (47.46%) .
Short 152.68 to 213.63 205.7 (13.01%) . .