SPTI 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 | 27.8 to 29.26 | . | . | 27.82 (98.63%) |
Intermediate | 29.17 to 27.97 | 28.34 (30.83%) | . | . |
Short | 28.38 to 27.97 | . | . | 28.34 (90.24%) |