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 8.26 to 7.455 . 7.88 (52.80%) .
Intermediate 7.835 to 7.455 . . 7.88 (111.84%)
Short 7.745 to 7.455 . . 7.88 (146.55%)