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 574.84 to 373.41 449.52 (37.78%) . .
Intermediate 373.41 to 449.52 . . 392.94 (74.34%)
Short 449.52 to 392.94 404.6 (20.61%) . .