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 769.26 to 847.62 . . 790.62 (72.74%)
Intermediate 847.62 to 790.62 . . 836.8 (81.02%)
Short 810.22 to 837.43 . 823.75 (50.28%) .