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 7.94 to 5.76 . . 7.26 (68.81%)
Intermediate 5.78 to 7.26 . 6.61 (43.92%) .
Short 7.26 to 6.57 . 6.95 (55.07%) .