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 209.66 150.7 (28.12%) . .
Intermediate 209.66 to 150.7 . . 201.96 (86.94%)
Short 150.7 to 196.79 186.29 (22.78%) . .