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 360.9 to 200.7 221.2 (12.80%) . .
Intermediate 340.65 to 200.7 221.2 (14.65%) . .
Short 260.3 to 190.69 216.49 (37.06%) . .