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 421.14 to 309.01 . . 407.24 (87.60%)
Intermediate 370.55 to 309.01 . . 407.24 (159.62%)
Short 352.24 to 309.01 . . 407.24 (227.23%)