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 200.5 to 236.83 . 216.47 (56.04%) .
Intermediate 236.83 to 214 . . 235.51 (94.22%)
Short 236.83 to 214 . . 235.51 (94.22%)