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 913.23 to 497.76 . . 907.3 (98.57%)
Intermediate 910.66 to 497.76 . . 907.3 (99.19%)
Short 907.33 to 902.3 . 904.8 (49.70%) .