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 218.19 to 156.72 179.25 (36.65%) . .
Intermediate 210.29 to 156.72 . 179.25 (42.06%) .
Short 205.72 to 156.72 . 179.25 (45.98%) .