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 159.95 to 211.12 . 189.18 (42.88%) .
Intermediate 166.79 to 211.12 . 189.18 (49.49%) .
Short 211.12 to 186.5 . . 214.96 (115.60%)