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 11247.86 to 9030.77 . . 10955.73 (86.82%)
Intermediate 10154.19 to 10955.73 . . 10334.48 (77.51%)
Short 10154.19 to 10955.73 . . 10334.48 (77.51%)