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 454.46 to 350.36 . 395.26 (43.13%) .
Intermediate 417.33 to 350.36 . . 395.26 (67.04%)
Short 395.4 to 350.36 . . 395.26 (99.69%)