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 502.71 to 593.81 . . 519.19 (81.91%)
Intermediate 593.81 to 517.505 . . 574.98 (75.32%)
Short 590.78 to 517.505 . . 574.98 (78.44%)