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 745.57 to 483.07 567.74 (32.26%) . .
Intermediate 614.79 to 483.07 . . 567.74 (64.28%)
Short 605.39 to 483.07 . . 567.74 (69.22%)