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 415 to 518 . . 435.75 (79.85%)
Intermediate 515.99 to 460.25 . . 514 (96.43%)
Short 470 to 514 . . 485.01 (65.89%)