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 648.76 to 457.47 . . 674.02 (113.21%)
Intermediate 491.75 to 616.97 595.09 (17.47%) . .
Short 605 to . . 675.8 (111.70%)