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 12.19 to 6.87 . 9.38 (47.18%) .
Intermediate 9.38 to 6.99 . . 9.24 (94.14%)
Short 6.99 to 9.04 8.66 (18.54%) . .