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 10.32 to 7.94 . 9.28 (56.30%) .
Intermediate 7.94 to 9.09 8.76 (28.70%) . .
Short 7.98 to 9.09 8.76 (29.73%) . .