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 9.11 to 6.29 . . 8 (60.64%)
Intermediate 8.01 to 7.38 . . 8 (98.41%)
Short 7.46 to 7.92 . . 7.48 (95.65%)