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 242.93 to 206.98 . . 238.66 (88.12%)
Intermediate 216.2 to 238.8 232.21 (29.16%) . .
Short 230.74 to 238.8 . . 232.21 (81.76%)