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 421.16 to 242 282.43 (22.57%) . .
Intermediate 400.01 to 242 282.43 (25.59%) . .
Short 301.05 to 242 . . 282.43 (68.47%)