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 213.52 to 129.72 163.03 (39.75%) . .
Intermediate 199.95 to 129.72 . 163.03 (47.43%) .
Short 129.72 to 163.03 158.86 (12.52%) . .