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 294 to 178 . 231.71 (46.30%) .
Intermediate 178 to 231.71 . 201.75 (55.78%) .
Short 190.06 to 231.71 . . 201.75 (71.93%)