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 10.57 to 6.26 7.54 (29.70%) . .
Intermediate 10.23 to 6.26 7.54 (32.24%) . .
Short 8.45 to 6.26 . 7.54 (58.45%) .