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 7.65 to 9.55 . . 8.4 (60.53%)
Intermediate 9.55 to 8.4 . . 9.74 (116.52%)
Short 8.53 to 9.74 . . 8.9001 (69.41%)