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 6.31 to 7.75 7.46 (20.14%) . .
Intermediate 6.33 to 7.75 7.46 (20.42%) . .
Short 7.22 to 7.84 7.64 (32.26%) . .