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 10.05 to 6.92 . . 9.42 (79.87%)
Intermediate 6.92 to 8.42 8.12 (20.00%) . .
Short 7.63 to 9.42 9.1 (17.88%) . .