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 632.31 to 560.44 . . 625.64 (90.72%)
Intermediate 560.44 to 625.64 . 590.2 (54.36%) .
Short 585.33 to 625.64 . . 590.2 (87.92%)