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 5.58 to 7.54 7.26 (14.29%) . .
Intermediate 5.71 to 7.54 7.26 (15.30%) . .
Short 6.94 to 7.54 . 7.26 (46.67%) .