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 7.445 to 13.46 . . 7.6 (97.42%)
Intermediate 9.93 to 7.45 . . 9.63 (87.90%)
Short 7.45 to 9.63 . . 8.23 (64.22%)