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 518.84 to 426.2 . . 530.73 (112.83%)
Intermediate 445.15 to 506.6 486.59 (32.56%) . .
Short 506.6 to 486.55 . . 530.73 (220.35%)