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 6.99 to 3.21 . . 6.05 (75.13%)
Intermediate 6.1 to 3.21 . . 6.05 (98.27%)
Short 6.08 to 3.32 3.5 (6.52%) . .