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 445.27 to 648.32 . . 489.24 (78.35%)
Intermediate 648.32 to 477.51 . . 657.1 (105.14%)
Short 477.51 to 627.5 576.94 (33.71%) . .