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 7.4569 to 7.4638 . . 7.4575 (91.30%)
Intermediate 7.4638 to 7.4578 7.4597 (31.67%) . .
Short 7.4619 to 7.4575 7.4589 (31.82%) . .