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 352.93 to 430.41 . 386.06 (57.24%) .
Intermediate 377.6 to 430.41 . . 386.06 (83.98%)
Short 430.41 to 386.06 395 (20.16%) . .