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 539.73 to 408.57 . . 548.09 (106.37%)
Intermediate 433.11 to 535.52 526.83 (8.49%) . .
Short 506.18 to 535.52 526.83 (29.62%) . .