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 1651.76 to 2352.75 . . 1794.73 (79.60%)
Intermediate 2352.75 to 1726.21 . . 2450 (115.52%)
Short 1726.21 to 2337.855 2229 (17.80%) . .