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 985.77 to 728.82 . . 883.21 (60.09%)
Intermediate 940.25 to 728.82 . . 883.21 (73.02%)
Short 728.82 to 883.21 860.99 (14.39%) . .