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 7.8945 to 7.4024 7.4462 (8.90%) . .
Intermediate 7.8179 to 7.4024 7.4462 (10.54%) . .
Short 7.6779 to 7.4024 7.4462 (15.90%) . .