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 7.35 to 8.04 . . 7.51 (76.81%)
Intermediate 7.99 to 7.49 . . 7.92 (86.00%)
Short 7.96 to 7.49 . . 7.92 (91.49%)