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 414.48 to 517.48 501.23 (15.78%) . .
Intermediate 457.47 to 517.48 501.23 (27.08%) . .
Short 517.48 to 499.04 . . 532.27 (180.21%)