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 7.7582 to 7.3505 . . 7.7185 (90.26%)
Intermediate 7.3505 to 7.6286 7.5569 (25.78%) . .
Short 7.4999 to 7.6286 . 7.5569 (55.71%) .