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 275.75 to 208.8 227.19 (27.47%) . .
Intermediate 254.5 to 208.8 . 227.19 (40.24%) .
Short 235.28 to 208.8 . . 227.19 (69.45%)