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 7.12 to 8.33 8 (27.27%) . .
Intermediate 8.33 to 7.99 . . 9.23 (364.71%)
Short 8.99 to 9 9.23 (-2300.00%) . .