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 7.5601 to 7.9727 . . 7.6846 (69.83%)
Intermediate 7.9727 to 7.6998 7.7479 (17.63%) . .
Short 7.8945 to 7.683 7.7159 (15.56%) . .