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 9.2445 to 7.72 . . 8.7029 (64.47%)
Intermediate 7.74 to 8.74 . 8.23 (51.00%) .
Short 8.74 to 7.98 . . 8.7029 (95.12%)