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 6.66 to 7.81 . . 6.64 (101.74%)
Intermediate 7.81 to 6.8 . 7.28 (47.52%) .
Short 6.8 to 7.3 . . 6.64 (132.00%)