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 8.0075 to 9.4 . . 8.19 (86.89%)
Intermediate 8.01 to 9.4 . . 8.19 (87.05%)
Short 9.4 to 8.19 . 8.86 (55.37%) .