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 10.01 to 10.9466 10.7 (26.33%) . .
Intermediate 10.36 to 10.9466 . 10.7 (42.04%) .
Short 10.9466 to 10.53 . . 11.22 (165.63%)