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 to 11.34 . 10.36 (41.88%) .
Intermediate 9.95 to 11.34 . . 10.36 (70.50%)
Short 10.445 to 11.1 . . 10.61 (74.81%)