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 196.83 to 243.4 . 222.73 (44.38%) .
Intermediate 221.59 to 243.4 . . 222.73 (94.77%)
Short 224.75 to 236.6 . 230.7 (49.79%) .