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 450.02 to 314.47 . . 471.46 (115.82%)
Intermediate 314.47 to 399.32 387.14 (14.35%) . .
Short 387.14 to 414.4 404.75 (35.40%) . .