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 304.61 to 243.05 . . 304.23 (99.38%)
Intermediate 243.05 to 304.52 . . 261.74 (69.59%)
Short 304.52 to 260.54 . 279.51 (43.13%) .