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 6.94 to 11.25 . 8.99 (52.44%) .
Intermediate 8.29 to 11.25 . . 8.99 (76.35%)
Short 8.99 to 13.25 12.39 (20.19%) . .