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 666.93 to 503.04 . . 605.77 (62.68%)
Intermediate 503.04 to 605.77 . . 537.47 (66.48%)
Short 589.5 to 537.47 . . 604.22 (128.29%)