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 478.84 to 228.08 271.66 (17.38%) . .
Intermediate 321.89 to 228.08 . 271.66 (46.46%) .
Short 228.08 to 272.15 . 253.7 (41.87%) .