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 8.29 to 5.99 . . 8.67 (116.52%)
Intermediate 6.2156 to 7.36 6.98 (33.21%) . .
Short 6.71 to 7.36 . 6.98 (58.46%) .