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 402.8 to 253.74 . 336.43 (55.47%) .
Intermediate 253.74 to 336.43 . 300.91 (42.96%) .
Short 336.43 to 300.91 313.62 (35.78%) . .