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 298.19 to 240 . . 280.38 (69.39%)
Intermediate 247.08 to 280.38 . . 257.53 (68.62%)
Short 276.62 to 256.95 . . 278.07 (107.37%)