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 504.8 to 433.61 . . 503.06 (97.56%)
Intermediate 503.21 to 445.36 . . 487.59 (73.00%)
Short 487.66 to 410.45 430.1 (25.45%) . .