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 402.33 to 498 . . 425.58 (75.70%)
Intermediate 498 to 425.58 . . 493.43 (93.69%)
Short 428.24 to 493.43 476.68 (25.69%) . .