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 6.73 to 10.84 . . 8.28 (62.29%)
Intermediate 7.68 to 10.84 . . 8.28 (81.01%)
Short 8.22 to 10.42 10.28 (6.36%) . .