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 240 to 176.15 . . 224.3 (75.41%)
Intermediate 176.15 to 220.5125 . . 188.8 (71.48%)
Short 188.8 to 224.3 211.0944 (37.20%) . .