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 359.55 to 253.89 . 304.995 (48.37%) .
Intermediate 329.02 to 253.89 . . 304.995 (68.02%)
Short 301.88 to 253.89 . . 304.995 (106.49%)