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 5.8 to 9.55 8.77 (20.80%) . .
Intermediate 6.53 to 9.55 8.77 (25.83%) . .
Short 7.57 to 9.76 9.06 (31.96%) . .