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 11.28 to 8.15 . 9.6 (46.33%) .
Intermediate 11.14 to 8.15 . 9.6 (48.49%) .
Short 10.69 to 8.15 . 9.6 (57.09%) .