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 9.0049 to 8.4826 . 8.7429 (49.84%) .
Intermediate 8.4826 to 8.7142 . 8.6141 (43.22%) .
Short 8.529 to 8.7142 . 8.6141 (54.05%) .