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 279.43 to 221.13 . . 280.86 (102.45%)
Intermediate 233.36 to 275 270.25 (11.41%) . .
Short 261.54 to 275 270.25 (35.29%) . .