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 9.55 to 7.29 . . 8.65 (60.18%)
Intermediate 8.16 to 7.29 . . 8.65 (156.32%)
Short 7.4 to 8.11 7.89 (30.99%) . .