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 287.103 to 213.89 241.28 (37.41%) . .
Intermediate 245.71 to 213.89 . . 241.28 (86.08%)
Short 244.53 to 213.89 . . 241.28 (89.39%)