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 6.3 to 9.64 . 7.83 (54.19%) .
Intermediate 9.64 to 8.46 8.9 (37.29%) . .
Short 9.64 to 8.46 8.9 (37.29%) . .