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 302.01 to 502.38 447.38 (27.45%) . .
Intermediate 377.73 to 502.38 . 447.38 (44.12%) .
Short 502.38 to 445.27 . . 490.69 (79.53%)