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 3049.58 to 3828.11 . 3478.38 (44.92%) .
Intermediate 3368.98 to 3828.11 . . 3478.38 (76.17%)
Short 3826.15 to 3468.27 . . 3775.55 (85.86%)