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 407.72 to 531.48 503.45 (22.65%) . .
Intermediate 441.56 to 531.48 503.45 (31.17%) . .
Short 528.45 to 504.68 . . 520.97 (68.53%)