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 9.3 to 11.18 . 10.1 (57.45%) .
Intermediate 11.18 to 9.95 . . 10.89 (76.42%)
Short 11.02 to 9.95 . . 10.89 (87.85%)