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 228.31 to 293.69 . . 237.53 (85.90%)
Intermediate 293.69 to 237.53 . . 302.63 (115.92%)
Short 237.53 to 302.63 293.97 (13.30%) . .