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 9.21 to 7.5 . . 8.78 (74.85%)
Intermediate 8.8 to 8.27 . . 8.63 (67.92%)
Short 8.39 to 8.65 . . 7.2 (557.69%)