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 25.39 to 7.35 8.1 (4.16%) . .
Intermediate 23.2 to 7.35 8.1 (4.73%) . .
Short 8.22 to 5.65 6.1 (17.51%) . .