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 12.21 to 8.38 . 10.56 (56.92%) .
Intermediate 11.02 to 8.38 . . 10.56 (82.58%)
Short 10.56 to 9.25 . . 10.53 (97.71%)