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 448.69 to 538.17 505.08 (36.98%) . .
Intermediate 496.57 to 538.17 . . 505.08 (79.54%)
Short 505.08 to 533.02 . . 514.21 (67.32%)