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 3544.28 to 4471.67 . 4038.81 (46.68%) .
Intermediate 3718.82 to 4471.67 . 4038.81 (57.50%) .
Short 4471.67 to 4027.61 . . 4321.53 (66.19%)