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 239.36 to 180.5 . 214.61 (57.95%) .
Intermediate 215.99 to 180.5 . . 214.61 (96.11%)
Short 215.99 to 180.5 . . 214.61 (96.11%)