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 200.36 to 155.25 . . 195.39 (88.98%)
Intermediate 155.25 to 195.39 187.53 (19.58%) . .
Short 155.25 to 195.39 187.53 (19.58%) . .