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 215.89 to 120.38 141.86 (22.49%) . .
Intermediate 166.29 to 120.38 . 141.86 (46.79%) .
Short 120.38 to 143.645 . . 125.82 (76.62%)