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 to 2200 1778.11 (19.18%) . .
Intermediate 1670 to 2200 . . 1778.11 (79.60%)
Short 1700 to 2200 . . 1778.11 (84.38%)