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 to 8.35 . . 6.02 (99.15%)
Intermediate 6.36 to 8.35 . . 6.02 (117.09%)
Short 6.51 to 8.35 . . 6.02 (126.63%)