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 518.27 to 391 . . 513.76 (96.46%)
Intermediate 513.76 to 460.02 . . 509.5 (92.07%)
Short 460.02 to 509.5 . . 429.6 (161.48%)