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 5300 to 4 . . 5202.8 (98.16%)
Intermediate 5213.47 to 4 . . 5202.8 (99.80%)
Short 4 to 5202.8 . . 5 (99.98%)