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 10.05 to 7.15 . 8.48 (45.86%) .
Intermediate 7.15 to 8.5 . . 7.59 (67.41%)
Short 7.41 to 8.5 . . 7.59 (83.49%)