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 14.56 to 7.3 9.32 (27.82%) . .
Intermediate 7.3 to 9.38 8.59 (37.98%) . .
Short 8.04 to 9.38 . 8.59 (58.96%) .