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 150.3 to 219.6 . . 174.22 (65.48%)
Intermediate 219.6 to 169.17 . . 224.86 (110.43%)
Short 169.17 to 226.5 220.56 (10.36%) . .