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 302.52 to 192.2 . 247.54 (50.16%) .
Intermediate 209.06 to 249.29 . 227.65 (53.79%) .
Short 216.64 to 249.29 . . 227.65 (66.28%)