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 400.61 to 335 . . 396.74 (94.10%)
Intermediate 339.59 to 394.69 373.26 (38.89%) . .
Short 392.34 to 373.26 . . 396.74 (123.06%)