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 539.73 to 408.57 . 466 (43.79%) .
Intermediate 539.73 to 408.57 . 466 (43.79%) .
Short 493.46 to 408.57 . . 466 (67.65%)