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 6.4635 to 5.3 . . 8.025 (234.21%)
Intermediate 6.31 to 5.59 . . 8.025 (338.19%)
Short 5.59 to 7.91 7.54 (15.95%) . .