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 2427.14 to 2992.67 . . 2459.69 (94.24%)
Intermediate 2453 to 2799 2698.93 (28.92%) . .
Short 2799 to 2698 . . 3016.63 (315.48%)