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 to 423.7 . 198.8499 (53.07%) .
Intermediate 322 to 198.8499 . 259.02 (48.86%) .
Short 280.25 to 198.8499 . . 259.02 (73.92%)