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 312 to 233.89 . . 303.11 (88.62%)
Intermediate 296 to 245.91 . 267.83 (43.76%) .
Short 296 to 245.91 . 267.83 (43.76%) .