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 8.5 to 5.14 . . 7.73 (77.08%)
Intermediate 5.14 to 7.75 . . 6.08 (63.98%)
Short 7.75 to 5.85 6.17 (16.84%) . .