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 421 to 292.46 . . 406.88 (89.02%)
Intermediate 348.51 to 406.88 . 374.8 (54.96%) .
Short 382.19 to 406.88 . . 374.8 (129.93%)