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 204.92 to 152.29 168.51 (30.82%) . .
Intermediate 192.79 to 152.29 . 168.51 (40.05%) .
Short 152.29 to 169 . 161.91 (42.43%) .