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 550 to 441.72 . . 543.74 (94.22%)
Intermediate 443.32 to 513.15 . 484.71 (40.73%) .
Short 471.08 to 513.15 . . 484.71 (67.60%)