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 706.25 to 541.54 . . 656.08 (69.54%)
Intermediate 635.5 to 541.54 . . 656.08 (121.90%)
Short 620.91 to 541.54 . . 656.08 (144.31%)