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 417.47 to 302.9 . 350.88 (41.88%) .
Intermediate 414.44 to 302.9 . 350.88 (43.02%) .
Short 370.87 to 302.9 . . 350.88 (70.59%)