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 495.78 to 379.95 406.35 (22.79%) . .
Intermediate 449.42 to 379.95 406.35 (38.00%) . .
Short 413.49 to 379.95 . . 406.35 (78.71%)