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 5.91 to 8.12 7.95 (7.69%) . .
Intermediate 7.21 to 8.12 7.95 (18.68%) . .
Short 7.92 to 8.31 8.23 (20.51%) . .