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 482.66 to 571.96 . 519.95 (58.24%) .
Intermediate 571.96 to 514.28 . . 633.7 (207.04%)
Short 514.28 to 606.87 598.81 (8.71%) . .