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 845.59 to 538 610.86 (23.69%) . .
Intermediate 745.57 to 538 610.86 (35.10%) . .
Short 638.01 to 538 . . 610.86 (72.85%)