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 6.49 to 10.49 . . 6.91 (89.50%)
Intermediate 10.49 to 8.01 . 9.13 (45.16%) .
Short 9.13 to 7.11 7.59 (23.76%) . .