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 327 to 481.41 . 416.26 (42.19%) .
Intermediate 481.41 to 416.26 . . 476.7 (92.77%)
Short 479.15 to 416.26 . . 476.7 (96.10%)