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 399.76 to 312.23 . 359.82 (54.37%) .
Intermediate 364.27 to 312.23 . . 359.82 (91.45%)
Short 312.23 to 359.82 351.58 (17.31%) . .