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 210.22 to 156.91 . . 192.62 (66.99%)
Intermediate 196.48 to 156.91 . . 192.62 (90.25%)
Short 156.91 to 191.39 189.19 (6.38%) . .