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 430.5 to 333.2 . . 421.73 (90.99%)
Intermediate 361.13 to 426.96 . 393.69 (50.54%) .
Short 426.96 to 393.69 . . 418.7 (75.17%)