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 288.57 to 189.81 . 231.09 (41.80%) .
Intermediate 227.35 to 203.19 . . 231.09 (115.48%)
Short 227.35 to 203.19 . . 231.09 (115.48%)