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 929.72 to 697.93 . . 898.95 (86.73%)
Intermediate 929.72 to 697.93 . . 898.95 (86.73%)
Short 697.93 to 898.95 . . 734.57 (81.77%)