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 6.41 to 11.01 . . 7.8 (69.78%)
Intermediate 11.01 to 7.8 . . 9.95 (66.98%)
Short 7.8 to 9.95 . 8.71 (57.67%) .