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 6.85 to 11.01 . . 7.8 (77.16%)
Intermediate 10.87 to 7.8 . . 9.97 (70.68%)
Short 8.63 to 9.99 9.6 (28.68%) . .