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 1196.27 to 1442.53 . . 1239 (82.65%)
Intermediate 1442.53 to 1236.82 1280.04 (21.01%) . .
Short 1378.09 to 1236.82 1280.04 (30.59%) . .