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 2.95 to 10.09 8.01 (29.13%) . .
Intermediate 10.09 to 8.01 . 9.2 (57.21%) .
Short 9.9 to 8.01 . . 9.2 (62.96%)