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 8.287 to 7.982 . 8.156 (57.05%) .
Intermediate 8.117 to 7.982 . . 8.156 (128.89%)
Short 8.003 to 8.128 . 8.075 (42.40%) .