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 364.31 to 285 304.18 (24.18%) . .
Intermediate 322.45 to 285 . 304.18 (51.21%) .
Short 310.86 to 285 . . 304.18 (74.17%)