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 14 to 9.13 10.2 (21.97%) . .
Intermediate 9.13 to 10.3 9.88 (35.90%) . .
Short 9.36 to 10.3 . 9.88 (44.68%) .