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 612.93 to 489.19 . . 625.34 (110.03%)
Intermediate 513.88 to 604.19 594.28 (10.97%) . .
Short 604.19 to 594.28 . . 625.34 (313.42%)