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 7.55 to 9.3 . . 7.48 (104.00%)
Intermediate 9.2 to 7.82 . . 8.8 (71.01%)
Short 9 to 7.48 8.005 (34.54%) . .