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 354.06 to 277.88 . . 335.49 (75.62%)
Intermediate 304.39 to 335.49 . . 310.73 (79.61%)
Short 335.49 to 310.73 . . 329 (73.79%)