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 7.67 to 13.09 . . 8.31 (88.19%)
Intermediate 8.69 to 11.09 . . 8.31 (115.83%)
Short 11.09 to 9.21 9.78 (30.32%) . .