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 405.89 to 509.27 . . 412.99 (93.13%)
Intermediate 509.27 to 407.72 . . 492.6 (83.58%)
Short 407.72 to 487.13 472.4 (18.55%) . .