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 33.19 to 7.12 8.31 (4.56%) . .
Intermediate 17.22 to 7.12 8.31 (11.78%) . .
Short 15 to 7.12 8.31 (15.10%) . .