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 219.94 to 165.54 187.21 (39.83%) . .
Intermediate 217.87 to 165.54 . 187.21 (41.41%) .
Short 195.33 to 165.54 . . 187.21 (72.74%)