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 283.84 to 359.58 333.14 (34.91%) . .
Intermediate 319.621 to 359.58 . . 333.14 (66.17%)
Short 319.621 to 359.58 . . 333.14 (66.17%)