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 11.32 to 6.71 7.41 (15.18%) . .
Intermediate 9.3 to 6.71 7.41 (27.03%) . .
Short 7.94 to 6.71 . 7.41 (56.91%) .