SPY.AU Analysis
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 Frame | Trend | 38.2% | 50% | 61.8% |
Long | 769.26 to 847.62 | . | . | 790.62 (72.74%) |
Intermediate | 847.62 to 790.62 | . | . | 836.8 (81.02%) |
Short | 810.22 to 837.43 | . | 823.75 (50.28%) | . |