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 4079.1 3668.6 (10.06%) . .
Intermediate 4079.1 to 3761.4 . . 3981.4 (69.25%)
Short 3981.4 to 3828.2 . . 3981.4 (100.00%)