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 8.5509 to 7.9845 . . 8.9057 (162.64%)
Intermediate 7.9845 to 8.2094 . . 8.0333 (78.30%)
Short 8.0328 to 8.1649 . . 8.0662 (74.72%)