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 302.61 to 550.38 . 404.24 (58.98%) .
Intermediate 550.38 to 404.24 436.75 (22.25%) . .
Short 550.38 to 404.24 436.75 (22.25%) . .