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 8.2094 (39.71%) . .
Intermediate 8.4028 to 7.9845 . 8.2094 (53.77%) .
Short 7.9845 to 8.2094 . 8.0765 (59.09%) .