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 8.42 to 5.3 . . 8.58 (105.13%)
Intermediate 5.75 to 8.24 7.6 (25.70%) . .
Short 7.42 to 8.59 . . 7.6 (84.62%)