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 424.45 to 304.11 . . 389.01 (70.55%)
Intermediate 383.03 to 304.11 . . 389.01 (107.58%)
Short 308.12 to 366.33 360.01 (10.86%) . .