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 . . 7.99 (60.28%)
Intermediate 8.01 to 7.38 . . 7.87 (77.78%)
Short 7.38 to 7.92 . . 7.48 (81.48%)