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 7.18 to 4.03 . . 6.94 (92.38%)
Intermediate 4.97 to 6.94 6.5 (22.34%) . .
Short 6.94 to 6.3 . . 6.94 (100.00%)