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 348.31 to 318.56 326.71 (27.39%) . .
Intermediate 321.74 to 326.9 . . 321.57 (103.29%)
Short 326.9 to 321.57 . . 326.26 (87.99%)