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 360.36 to 283.01 . . 334.45 (66.50%)
Intermediate 341.09 to 283.01 . . 334.45 (88.57%)
Short 283.01 to 328.76 322.59 (13.49%) . .