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 6.896 to 10.45 . 8.82 (45.86%) .
Intermediate 8.36 to 10.45 . . 8.82 (77.99%)
Short 10.45 to 9.05 . . 10.4 (96.43%)