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 9.83 to 6.66 6.93 (8.52%) . .
Intermediate 8.14 to 6.66 6.93 (18.24%) . .
Short 6.93 to 6.25 6.35 (14.71%) . .