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 10.42 to 9.14 . 9.85 (55.47%) .
Intermediate 10.08 to 9.14 . . 9.85 (75.53%)
Short 9.7 to 9.27 . . 9.54 (62.79%)