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 447.2 to 350.36 . . 498.84 (153.33%)
Intermediate 393.22 to 359.12 . . 498.84 (409.74%)
Short 457 to 497.55 491.09 (15.93%) . .