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 382.76 to 323.28 . . 375.61 (87.98%)
Intermediate 379.3 to 323.28 . . 375.61 (93.41%)
Short 346.12 to 378.96 370.24 (26.55%) . .