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 418.28 to 312.55 . . 428.27 (109.45%)
Intermediate 332.54 to 411.72 403.17 (10.80%) . .
Short 397.64 to 411.72 . . 403.17 (60.72%)