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 281.81 to 219.6 . . 268.18 (78.09%)
Intermediate 219.6 to 266.73 . 240.98 (54.64%) .
Short 219.6 to 266.73 . 240.98 (54.64%) .