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 266.57 to 355.7 . . 290.25 (73.43%)
Intermediate 355.7 to 289.29 297.9 (12.96%) . .
Short 326.15 to 289.29 297.9 (23.36%) . .