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 11.39 to 6.71 8.25 (32.91%) . .
Intermediate 10.25 to 6.71 . 8.25 (43.50%) .
Short 8.54 to 6.71 . . 8.25 (84.15%)