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 15723.51 to 19355.34 18680.12 (18.59%) . .
Intermediate 18095.15 to 19355.34 . 18680.12 (53.58%) .
Short 18179.98 to 19355.34 . 18680.12 (57.45%) .