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 303.12 to 240 . . 308.03 (107.78%)
Intermediate 252.6 to 297.6 293.43 (9.27%) . .
Short 297.6 to 293.43 . . 308.03 (350.12%)