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 6.94 to 8.06 7.9 (14.29%) . .
Intermediate 7.78 to 8.06 . 7.9 (57.14%) .
Short 7.9 to 8.2 8.17 (10.00%) . .