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 3039.2 to 3254.2 . . 3102.3 (70.65%)
Intermediate 3039.2 to 3254.2 . . 3102.3 (70.65%)
Short 3160.4 to 3254.2 . . 3102.3 (161.94%)