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 260 to 456.69 . 370.57 (43.78%) .
Intermediate 287.54 to 456.69 . 370.57 (50.91%) .
Short 417.17 to 370.57 . . 423.97 (114.59%)