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 12079.4 to 11779.3 . . 12282.2 (167.58%)
Intermediate 11819.2 to 12067.2 11970.7 (38.91%) . .
Short 12006.7 to 12282.2 12232.9 (17.89%) . .