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 10.51 to 10.87 . 10.66 (58.33%) .
Intermediate 10.63 to 10.87 . . 10.66 (87.50%)
Short 10.87 to 10.66 . . 10.83 (80.95%)