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 349.52 to 185.93 233.91 (29.33%) . .
Intermediate 271.38 to 185.93 . 233.91 (56.15%) .
Short 185.93 to 214.44 . 197.42 (59.70%) .