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 469.68 to 314.28 . 391.19 (49.49%) .
Intermediate 314.28 to 381.39 375 (9.52%) . .
Short 314.28 to 381.39 375 (9.52%) . .