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 550.38 to 281.68 . . 540.98 (96.50%)
Intermediate 328.17 to 510.52 487.71 (12.51%) . .
Short 474.8 to 510.52 . . 487.71 (63.86%)