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 10.24 to 7.58 . 8.69 (41.73%) .
Intermediate 9.65 to 7.58 . 8.69 (53.62%) .
Short 7.58 to 8.83 . 8.25 (46.40%) .