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 400 to 269.3 . 321.79 (40.16%) .
Intermediate 388.36 to 269.3 . 321.79 (44.09%) .
Short 306.12 to 269.3 . . 321.79 (142.56%)