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 311.78 to 232.41 . 273.14 (51.32%) .
Intermediate 311.78 to 232.41 . 273.14 (51.32%) .
Short 272.73 to 232.41 . . 273.14 (101.02%)