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 7.99 to 7.06 . 7.59 (56.99%) .
Intermediate 7.97 to 7.06 . 7.59 (58.24%) .
Short 7.78 to 7.06 . . 7.59 (73.61%)