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 469.24 to 356.98 . . 489.98 (118.47%)
Intermediate 464.61 to 356.98 . . 489.98 (123.57%)
Short 356.98 to 440.98 432.65 (9.92%) . .