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 562.78 to 716.93 . 652.83 (41.58%) .
Intermediate 716.93 to 646.4 . . 722.37 (107.71%)
Short 716.93 to 646.4 . . 722.37 (107.71%)