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 499.04 to 552.49 . . 512.65 (74.54%)
Intermediate 502.5 to 552.49 . . 512.65 (79.70%)
Short 523.68 to 515 . . 522.53 (86.75%)