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 503.07 to 424.71 . . 497.5 (92.89%)
Intermediate 424.71 to 493.37 481.27 (17.62%) . .
Short 471.44 to 497.83 490.85 (26.45%) . .