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 10.11 to 10.53 . 10.3 (54.76%) .
Intermediate 10.53 to 10.3 . . 10.56 (113.04%)
Short 10.3 to 10.57 10.54 (11.11%) . .