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 1076.86 to 887.75 . . 1014.89 (67.23%)
Intermediate 1076.86 to 887.75 . . 1014.89 (67.23%)
Short 887.75 to 1014.89 1007.15 (6.09%) . .