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 19.82 to 6.01 9.62 (26.14%) . .
Intermediate 9.62 to 6.07 . 7.95 (52.96%) .
Short 7.96 to 7.36 . . 7.95 (98.33%)