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 3.76 to 7.71 7.34 (9.37%) . .
Intermediate 4.26 to 7.71 7.34 (10.72%) . .
Short 7.34 to 7.89 . . 7.5 (70.91%)