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 12 to 8.81 . 10.34 (47.96%) .
Intermediate 10.235 to 8.81 . . 10.34 (107.37%)
Short 9 to 10.25 10.05 (16.00%) . .