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 6.87 to 8.53 . . 7.42 (66.87%)
Intermediate 7.11 to 8.53 . . 7.42 (78.17%)
Short 7.4 to 8.85 8.64 (14.48%) . .