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 to 10.34 10.3 (0.39%) . .
Intermediate 10.09 to 10.34 10.3 (16.00%) . .
Short 10.24 to 12.02 11.61 (23.03%) . .