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 1188.07 to 1458.46 . . 1137.25 (118.80%)
Intermediate 1458.46 to 1227.6 . . 1416 (81.61%)
Short 1423.97 to 1134.6899 1193.61 (20.37%) . .