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 219.85 to 167.86 . 194.16 (50.59%) .
Intermediate 217.94 to 167.86 . 194.16 (52.52%) .
Short 167.86 to 194.16 . 183.6 (40.15%) .