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 7.17 to 5.4 . . 7.79 (135.03%)
Intermediate 6.9 to 5.55 . . 7.79 (165.93%)
Short 5.55 to 7.82 7.2107 (26.84%) . .