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 401.7 to 454.46 . . 410.86 (82.64%)
Intermediate 411.365 to 454.46 . . 410.86 (101.17%)
Short 451.32 to 415.67 . . 447.2 (88.44%)