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 5.82 to 6.78 6.48 (31.25%) . .
Intermediate 5.86 to 6.78 6.48 (32.61%) . .
Short 6.48 to 6.88 6.77 (27.50%) . .