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 7.59 to 8.6 . . 7.33 (125.74%)
Intermediate 8.52 to 7.65 . 8.04 (44.83%) .
Short 8.19 to 7.65 . . 8.04 (72.22%)