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 10.16 to 6.22 7.18 (24.37%) . .
Intermediate 9.54 to 6.22 7.18 (28.92%) . .
Short 7.04 to 6.38 . 6.68 (45.45%) .